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Building Competence. Crossing Borders. Mathematics 2 for Business Schools Section 1: Fundamentals of Differential Calculus Spring Semester 2017
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Page 1: Mathematics 2 for Business Schools Section 1: Fundamentals ...

Building Competence. Crossing Borders.

Mathematics 2 for Business Schools

Section 1: Fundamentals of Differential Calculus

Spring Semester 2017

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After finishing this section you should be able to …

β€’ derive the difference quotient and the differential quotient of a function (repetition).

β€’ explain the concept of the derivative of functions (repetition).

β€’ derive and correctly apply the rule for the derivative of constant functions (repetition).

β€’ derive and correctly apply the rule for the derivative of power functions (repetition).

β€’ correctly apply the constant factor rule and the sum rule (repetition).

β€’ correctly apply the product rule, the quotient rule, and the chain rule (new).

β€’ find the derivative of exponential functions and logarithmic functions (new).

Learning objectives

2Spring semester 2017 Section 1: Fundamentals of differential calculus

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Difference quotient – Definition

3

The slope π‘šπ‘  of the secant through the

points

𝑃 π‘₯0, 𝑓(π‘₯0) and

𝑄 π‘₯0 + Ξ”π‘₯, 𝑓(π‘₯0 + Ξ”π‘₯)

of 𝑓, i.e., the average rate of change

of 𝑓 on the interval π‘₯0; π‘₯0 + Ξ”π‘₯ is

called the difference quotient

π‘šπ‘  =Δ𝑓

Ξ”π‘₯=𝑓 π‘₯0 + Ξ”π‘₯ βˆ’ 𝑓 π‘₯0

Ξ”π‘₯

at π‘₯0 (between 𝑃 and 𝑄).

Spring semester 2017 Section 1: Fundamentals of differential calculus

π‘₯0 π‘₯0 + βˆ†π‘₯

𝑓(π‘₯0)

𝑓(π‘₯0 + βˆ†π‘₯)

𝑃

𝑄

Δ𝑓

Ξ”π‘₯

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Local rate of change of a function

4

π‘šπ‘‘ = limΞ”π‘₯⟢0

𝑓 π‘₯0 + Ξ”π‘₯ βˆ’ 𝑓 π‘₯0Ξ”π‘₯

Finally, the secant becomes the tangent and the

slope of the secant becomes the slope of the

tangent.

Spring semester 2017 Section 1: Fundamentals of differential calculus

The average rate of change of a function between 𝑃 and 𝑄 becomes the local rate of

change in 𝑃 if 𝑄 is moved towards 𝑃, i.e. if βˆ†π‘₯ tends to 0.

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Differential quotient – Definition

5

The function 𝑓 is called differentiable in π‘₯0 if the

limit of the difference quotient

π‘šπ‘‘ = 𝑓′ π‘₯0 = limΞ”π‘₯⟢0

𝑓 π‘₯0+Ξ”π‘₯ βˆ’π‘“ π‘₯0

Ξ”π‘₯

exists in π‘₯0.

Our notation for this limit is 𝑓′ π‘₯0 and we call it

differential quotient,

derivative,

slope of the tangent or

local rate of change of 𝑓

in π‘₯0.

Spring semester 2017 Section 1: Fundamentals of differential calculus

π‘₯0

𝑓(π‘₯0)

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Spring semester 2017 Section 1: Fundamentals of differential calculus

There are several notations used for the derivative.

The most widely used notation for the derivative of 𝑓 is 𝑓′. This notation was introduced

by Newton.

Since the derivative is the same as the differential quotient, the Leibniz notation is also

used quite often. Here, the derivative of 𝑓 is written as 𝑑𝑓

𝑑π‘₯.

Both notations mean the same, namely the derivative of 𝑓. Therefore 𝑓′ =𝑑𝑓

𝑑π‘₯.

The calculator can numerically find the derivative at a specific point π‘₯0. This is done by

using the following keys:

SHIFT 𝑑/𝑑π‘₯,

enter the function,

enter the π‘₯-value where to calculate 𝑓′.

d-notation and calculator

6

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Differentiation rules – Review

7Spring semester 2017 Section 1: Fundamentals of differential calculus

𝑓(π‘₯) 𝑓′(π‘₯) Remarks

1. 𝑐 0 𝑐 ∈ ℝ, any real constant

2. π‘₯ 1

3. π‘₯π‘Ÿ π‘Ÿ βˆ™ π‘₯π‘Ÿβˆ’1

4. 𝑐 βˆ™ 𝑔(π‘₯) 𝑐 βˆ™ 𝑔′(π‘₯) 𝑐 ∈ ℝ, factor rule

5. 𝑒 π‘₯ + 𝑣(π‘₯) 𝑒′ π‘₯ + 𝑣′(π‘₯) sum rule

These rules can be expressed in a shorter way by omitting the argument x, e.g. the sum rule can be written as

𝑒 + 𝑣 β€² = 𝑒′ + 𝑣′ instead of 𝑒 π‘₯ + 𝑣 π‘₯ β€² = 𝑒′ π‘₯ + 𝑣′(π‘₯)

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Exercise – Repetition

8

Find the first and second derivatives of the following functions:

a) 𝑔 π‘₯ = 5

b) 𝑝 π‘₯ = π‘₯2

c) 𝑓 𝑑 = 3π‘₯4

d) 𝑓 𝑑 = 5𝑑3

e) β„Ž 𝑒 = 3𝑒4 βˆ’1

2𝑒2 + 3

f) 𝑓 π‘₯ =3π‘₯2 +

1

π‘₯2βˆ’

1

π‘₯

Spring semester 2017 Section 1: Fundamentals of differential calculus

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Product rule

9

If 𝑒(π‘₯) and 𝑣(π‘₯) are differentiable functions, then 𝑓 π‘₯ = 𝑒(π‘₯) βˆ™ 𝑣(π‘₯) is also

differentiable and its derivative is given by:

𝑓(π‘₯)β€² = 𝑒′ π‘₯ β‹… 𝑣(π‘₯) + 𝑒(π‘₯) β‹… 𝑣′(π‘₯)

Spring semester 2017 Section 1: Fundamentals of differential calculus

Short notation: 𝑒 βˆ™ 𝑣 β€² = 𝑒′𝑣 + 𝑒𝑣′

Example: 𝑓 π‘₯ = π‘₯ + 1 π‘₯ βˆ’ 1

𝑒 π‘₯ = π‘₯ + 1 and 𝑒′ π‘₯ = 1𝑣 π‘₯ = π‘₯ βˆ’ 1 and 𝑣′ π‘₯ = 1

𝑓′ π‘₯ = 1 βˆ™ π‘₯ βˆ’ 1 + π‘₯ + 1 βˆ™ 1= π‘₯ βˆ’ 1 + π‘₯ + 1 = 2π‘₯

(One can reach the same result by first expanding the functional term and then differentiating the expression in its expanded form.)

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Quotient rule

10

If 𝑒(π‘₯) and 𝑣(π‘₯) are differentiable functions, then the function 𝑓 π‘₯ =𝑒(π‘₯)

𝑣(π‘₯)is

also differentiable and its derivative is given by:

𝑓(π‘₯)β€² =𝑒′(π‘₯) β‹… 𝑣 π‘₯ βˆ’ 𝑒 π‘₯ β‹… 𝑣′(π‘₯)

𝑣(π‘₯)2

Spring semester 2017 Section 1: Fundamentals of differential calculus

Short notation :𝑒

𝑣

β€²=

π‘’β€²π‘£βˆ’π‘’π‘£β€²

𝑣2

Example: 𝑓 π‘₯ =π‘₯+1

π‘₯βˆ’1

𝑒 π‘₯ = π‘₯ + 1 and 𝑒′ π‘₯ = 1𝑣 π‘₯ = π‘₯ βˆ’ 1 and 𝑣′ π‘₯ = 1

𝑓′ π‘₯ =1βˆ™ π‘₯βˆ’1 βˆ’ π‘₯+1 βˆ™1

π‘₯βˆ’1 2 =π‘₯βˆ’1βˆ’π‘₯βˆ’1

π‘₯βˆ’1 2 =βˆ’2

π‘₯βˆ’1 2

Note theminus sign!

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Chain rule

11

Example:

𝑓 π‘₯ = 3π‘₯2 + 6π‘₯ 79

Outer function: 𝑒 𝑣

Inner function: 𝑣(π‘₯)

Is the composition of the two functions 𝑒 ∘ 𝑣 exists and if 𝑒 is

differentiable at 𝑣(π‘₯) then derivative of the composition is given by:

𝑒 ∘ 𝑣 β€² π‘₯ = 𝑒 𝑣 π‘₯ β€² = 𝑒′ 𝑣 π‘₯ β‹… 𝑣′(π‘₯)

𝑓′ π‘₯ = 79 β‹… 3π‘₯2 + 6π‘₯ 78 β‹… 6π‘₯ + 6 = β‹―

Outer derivative : 𝑒′ 𝑣 Inner derivative: 𝑣′(π‘₯)

Spring semester 2017 Section 1: Fundamentals of differential calculus

Short notation : 𝑒 ∘ 𝑒 β€² = 𝑒′(𝑣) βˆ™ 𝑣′ In other words: outer derivative multiplied by inner derivative

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Examples – Product rule, quotient rule, and chain rule

12

Find the derivatives of

a) 𝑓 π‘₯ = 2π‘₯2 βˆ’ 1 3π‘₯ + 1

b) 𝑔 π‘₯ =2π‘₯2βˆ’1

3π‘₯+1

c) β„Ž π‘₯ =32π‘₯2 βˆ’ 1

Spring semester 2017 Section 1: Fundamentals of differential calculus

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Derivatives of exponential and logarithmic functions

13

For π‘Ž ∈ ℝ+\ 1 the functions π‘Žπ‘₯ and logπ‘Žπ‘₯ are differentiable and

their derivatives are:

a) 𝑒π‘₯ β€² = 𝑒π‘₯

b) π‘Žπ‘₯ β€² = π‘Žπ‘₯ β‹… ln π‘Ž

c) ln π‘₯ β€² =1

π‘₯

d) logπ‘Ž π‘₯β€² =

1

π‘₯β‹…

1

ln π‘Ž

Spring semester 2017 Section 1: Fundamentals of differential calculus

with 𝑒 ≔ 2.71828… Euler number

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Examples

14Spring semester 2017 Section 1: Fundamentals of differential calculus

Find the derivatives of

a) 𝑓 π‘₯ = π‘’βˆ’π‘₯2

2

b1) 𝑔 π‘₯ = π‘₯ βˆ™ π‘’βˆ’π‘₯ (solve using the product rule)

b2) 𝑔 π‘₯ = π‘₯ βˆ™ π‘’βˆ’π‘₯ (solve using the quotient rule)

c) β„Ž π‘₯ = logπ‘Ž 2 π‘₯

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Rules of differentiation: Overview (Formulary)

15Spring semester 2017 Section 1: Fundamentals of differential calculus


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